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East King News

Sunday, November 17, 2024

Median home prices in Bellevue fell to $1,027,500 in April 2020

Realestate4

The median sale price of a home sold in April 2020 in Bellevue fell by $172,500 while total sales decreased by 61%, according to BlockShopper.com.

In April 2020, there were 30 homes sold, with a median sale price of $1,027,500 - a 14.4% decrease over the $1,200,000 median sale price for the same period of the previous year. There were 77 homes sold in Bellevue in April 2019.

The median sales tax in Bellevue for the most recent year with available data, 2016, was $5,881, approximately 0.6% of the median home sale price for April 2020.

The following table compares Bellevue to other King County cities with similar median sale prices in April 2020:

CityApr. 2020 Home SalesApr. 2019 Home Sales% change (Total Home Sales)Apr. 2020 Median Sales PriceApr. 2019 Median Sales Price% change (Median Sales Price)
Clyde Hill23-33.3%$3,374,000$3,250,0003.8%
Medina220%$2,562,500$2,200,00016.5%
Mercer Island912-25%$1,310,000$1,735,000-24.5%
Duvall (unincorporated)11757.1%$1,182,000$1,070,00010.5%
Kirkland1429-51.7%$1,059,000$996,0006.3%
Bellevue3077-61%$1,027,500$1,200,000-14.4%
Newcastle78-12.5%$1,000,000$716,25039.6%
Sammamish4467-34.3%$991,500$945,0004.9%
Snoqualmie819-57.9%$972,500$729,00033.4%
Fall City (unincorporated)37-57.1%$950,000$680,00039.7%
Redmond1823-21.7%$938,500$885,0006%

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